Breaking News: Online Sports Betting Worth R35 Billion!

A recent article that appeared in the UK publication, Mail & Guardian, highlights the growth of the online sports betting industry in South Africa.

According to the article, several top-rated gambling sites have made their service available around the country thanks to technological advancement that keeps driving the modern age.

The Gross Gaming Revenues in South Africa are predicted to rise from R27 billion in 2016 to R35 billion this year. Taxes and levies on the gambling industry will increase at a compound annual rate of 5.2%.

The article points to the growth of popularity of sports betting across the world, and not only in South Africa. Read more to find out how you can get a piece of the action.

How to Bet on Sports in South Africa?

Easy. You can even do it online. Register at one of the reputable sportsbooks, choose your favourite game and place bets. Easy as 1,2,3.

The beauty of online sports betting is that you could even bet on both events simultaneously!

The increase in the number of people who have access to mobile devices means more people than ever can bet anytime and anywhere.

It’s expected that even more people in the future will be able to purchase mobile phones, and the internet will reach even the most remote corners of the world. As this happens, more punters will start to place bets on their favourite sports.

The number 1 reason for the popularity of sports gambling is the improvement in technology, allowing you to bet on any sports event anywhere in the world, be it a horse race in Western Australia or a football match between two US college teams.

Is Sports Betting Legal in South Africa?

Yes. Sports betting is legal in South Africa. The more there is a demand for sports betting, the greater the government intervention. Since sports betting will continue to grow in South Africa, the government will make sure that the industry is properly regulated.

Operators will be required to be licensed by South African gambling authorities, as is the case already.

This will draw even more people to online sports betting in South Africa, since they know that they’re playing at safe, regulated and licensed online and mobile sports betting platforms.